The U.S. Department of Labors Employee Benefits Security Administration published a final rule updating the procedures for filing and processing applications for prohibited transaction exemptions under the Employee Retirement Income Security Act.
Defined benefit pensions play a critical role in recruiting and retaining highly productive teachers, according to a study by the National Institute on Retirement Security.
In-depth discussion on long-term financial goals with a qualified financial advisor would help most Americans save enough for retirement, but most prefer not to do it, according to a new global report from HSBC, The Future of Retirement: The Power of Planning.
The U.S. Department of Labors Employee Benefits Security Administration and the Securities and Exchange Commission announced that information the EBSA requires plan administrators to give to plan participants or beneficiaries under its participant-level fee disclosure regulation will satisfy the requirements of Rule 482 under the Securities Act of 1933.
Most pension plans will see their funded status drop significantly in 2011, with plan sponsors facing sharply higher contributions, according to an analysis by Mercer actuaries.
A new Investment Company Institute study of participant activity in 401(k) plans shows that individuals are still committed to saving for their retirement, despite market volatility.
Fiduciary Plan Governance, LLC, a team of retirement plan specialists and former Department of Labor senior investigators, will host a seminar for plan sponsors and fiduciaries in Waltham, Mass., on Thursday, Nov. 3, 2011.
Nearly half of large companies, with more than 1,000 employees, automatically enroll employees in their retirement plans, and an additional 36 percent are considering implementing this feature, according to Diversifieds Report on Retirement Plans-2011.